Houston's millionaire density among world's best

Houston placed No. 18 in a global list

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July 24, 2014
| Updated: July 24, 2014 6:05pm

Houston has the second highest density of millionaires in the United States, according to a new ranking, beating out rival Dallas and west coast hubs like Los Angeles and San Francisco. Take a look at the richest of the rich in Houston.

In this photo, a private jet is fueled at the Sugar Land Regional Airport, Oct. 24, 2013. Sugar Land airport is one of the airports where corporations and millionaires fly from in the Houston area. ( Brett Coomer / Houston Chronicle )

A new study ranks Houston as the second-highest city in the U.S. for millionaire density, or the portion of the city's population with over $1 million in U.S. assets.

Houston comes in at N0. 18 on the international list, with approximately 2.09 percent of the population reaching millionaire status, or one in 50, according to a new survey conducted by Spear's, a British financial services and money magazine, in coordination with the monetary intelligence firm WealthInsight.

The European city-state Monaco placed first in the rankings, where nearly one-third of all residents are millionaires. Swiss banking centers Zurich and Geneva occuped the No. 2 and No. 3 spots, respectively.

New York was the first American city on the list, placing fourth, with roughly 4.63 percent density. With a population of 8.337 million people, that works out to about 386,000 millionaires living in the city.

San Francisco placed just below Houston, at No. 19, with a density of 2.07 percent. Dallas ranked N0. 30.

Here's the full top 20 list and see the slideshow above for a look the Houstonians who have crossed into billionaire status.